Ecora Resources PLC Announces Completion of Voisey's Bay Cobalt Throughput Test
Ecora Resources PLC (OTCQX:ECRAF) announced that Vale Base Metals has successfully completed its cobalt throughput test at the Voisey's Bay mine, achieving an impressive 93.7% average throughput rate over a 90-day period.
Ecora holds a significant 70% net interest in a cobalt stream over Voisey's Bay, entitling it to 22.82% of all cobalt production until 7.6kt of finished cobalt delivery, reducing to 11.41% thereafter. This achievement aligns with Ecora's strategic transition from coal to critical minerals, with plans to be 90% focused on sustainable future commodities by 2026.
Ecora Resources PLC (OTCQX:ECRAF) ha comunicato che Vale Base Metals ha completato con successo il test di capacità di trattamento del cobalto presso la miniera Voisey's Bay, registrando un notevole tasso medio di lavorazione del 93,7% su un periodo di 90 giorni.
Ecora detiene un rilevante interesse netto del 70% in uno streaming di cobalto su Voisey's Bay, che le garantisce il 22,82% della produzione totale di cobalto fino alla consegna di 7,6 kt di cobalto finito, riducendosi poi al 11,41%. Questo risultato è coerente con la strategia di Ecora di passare dal carbone ai minerali critici, con l'obiettivo di concentrare il 90% delle attività su commodity sostenibili entro il 2026.
Ecora Resources PLC (OTCQX:ECRAF) anunció que Vale Base Metals completó con éxito su prueba de rendimiento de cobalto en la mina Voisey's Bay, alcanzando un impresionante promedio de rendimiento del 93,7% durante un período de 90 días.
Ecora posee un importante 70% de interés neto en un stream de cobalto sobre Voisey's Bay, lo que le da derecho al 22,82% de toda la producción de cobalto hasta la entrega de 7,6 kt de cobalto acabado, reduciéndose a 11,41% a partir de entonces. Este logro encaja con la transición estratégica de Ecora del carbón a los minerales críticos, con planes de centrarse en un 90% en materias primas sostenibles para 2026.
Ecora Resources PLC (OTCQX:ECRAF)는 Vale Base Metals가 Voisey's Bay 광산에서 코발트 처리량 테스트를 성공적으로 완료했으며, 90일 동안 평균 처리율 93.7%을 기록했다고 발표했습니다.
Ecora는 Voisey's Bay의 코발트 스트림에 대해 순이익 70%를 보유하고 있어, 완제품 코발트 7.6kt 인도까지 전체 코발트 생산의 22.82%를 받을 권리가 있으며 이후에는 11.41%로 감소합니다. 이 성과는 탄탄에서 핵심 광물로 전환하려는 Ecora의 전략과 일치하며, 2026년까지 지속 가능한 미래 원자재에 90% 집중할 계획입니다.
Ecora Resources PLC (OTCQX:ECRAF) a annoncé que Vale Base Metals a mené à bien son test de débit de cobalt à la mine Voisey's Bay, atteignant une impressionnante taux moyen de débit de 93,7% sur une période de 90 jours.
Ecora détient une importante participation nette de 70% dans un flux de cobalt sur Voisey's Bay, lui donnant droit à 22,82% de toute la production de cobalt jusqu'à la livraison de 7,6 kt de cobalt fini, puis réduite à 11,41% par la suite. Cette réussite s'aligne sur la transition stratégique d'Ecora du charbon vers les minéraux critiques, avec l'intention d'être à 90% centrée sur les matières premières durables d'ici 2026.
Ecora Resources PLC (OTCQX:ECRAF) gab bekannt, dass Vale Base Metals den Kobalt-Durchsatztest in der Voisey's Bay-Mine erfolgreich abgeschlossen hat und über einen Zeitraum von 90 Tagen einen beeindruckenden durchschnittlichen Durchsatz von 93,7% erzielt hat.
Ecora hält einen bedeutenden Nettoanteil von 70% an einem Kobalt-Stream über Voisey's Bay, der ihr 22,82% der gesamten Kobaltproduktion bis zur Lieferung von 7,6 kt Fertigkobalt zusichert und sich anschließend auf 11,41% reduziert. Dieser Erfolg passt zu Ecoras strategischem Übergang von Kohle zu kritischen Mineralien, mit dem Ziel, bis 2026 90% auf nachhaltige Zukunftsrohstoffe auszurichten.
- Successful completion of cobalt throughput test with high 93.7% efficiency rate
- Substantial 70% net interest in Voisey's Bay cobalt stream
- Strategic positioning in critical minerals for EV and renewable energy transition
- Portfolio transformation to be 90% focused on sustainable commodities by 2026
- Reduction in cobalt stream entitlement from 22.82% to 11.41% after 7.6kt delivery milestone
Vale Base Metals announces successful completion of cobalt throughput test at Voisey's Bay
LONDON, UK / ACCESS Newswire / September 4, 2025 / Ecora (LSE:ECOR)(TSX:ECOR)(OTCQX:ECRAF) ("Ecora" or the "Group") notes the announcement on 4 September by Vale Base Metals that it has successfully completed the cobalt throughput test at its Voisey's Bay mine. The test achieved an average throughput rate of
Ecora holds a
The full press release can be read here: https://valebasemetals.com/news/vale-base-metals-announces-successful-completion-of-cobalt-throughput-test-at-voiseys-bay/
For further information
Ecora Resources PLC | +44 (0) 20 3435 7400 |
Geoff Callow - Head of Investor Relations | |
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FTI Consulting Sara Powell / Ben Brewerton / Nick Hennis | +44 (0) 20 3727 1000 |
About Ecora Resources
Ecora is a leading critical minerals focused royalty company.
Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support trends of electrification by continuing to grow and diversify our royalty portfolio in line with our strategy. We will achieve this through building a diversified portfolio of scale over high quality assets that drives low volatility earnings growth and shareholder returns.
The mining sector has an essential role to play in the energy transition, with commodities such as copper, nickel and cobalt - key materials for manufacturing batteries and electric vehicles. Copper also plays a critical role in our electricity grids. All these commodities are mined and there are not enough mines in operation today to supply the volume required to achieve the energy transition.
Our strategy is to acquire royalties and streams over low-cost operations and projects with strong management teams, in well-established mining jurisdictions. Our portfolio has been reweighted to provide material exposure to this commodity basket and we have successfully transitioned from a coal orientated royalty business in 2014 to one that by 2026 will be materially coal free and comprised of over
Ecora's shares are listed on the London and Toronto Stock Exchanges (ECOR) and trade on the OTCQX Best Market (OTCQX: ECRAF).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Ecora Resources PLC
View the original press release on ACCESS Newswire
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